What Is the Key Difference Between an Agreement and a Contract

question 50

Multiple Choice

What is the key difference between an agreement and a contract?

• A)A contract is always enforceable in the court of law, while an acceptance may or may not be.
• B)A contract can only be between two individuals, while an acceptance can have two or more people involved.
• C)A contract required mutual assent from all parties, while an acceptance need only be accepted a majority of people involved.
• D)A contract need not be legally binding, while an agreement must be legally binding.

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Definitions:

Communication Improvement

Communication improvement involves enhancing the effectiveness and efficiency of conveying information and understanding between individuals or groups.

Reciprocal Goal

A mutual agreement or shared aim between two or more parties, particularly in a counseling or therapeutic context, to work towards a common objective.

Interrupting

The act of stopping a process or activity temporarily or permanently, often used in communication as a method to clarify or redirect conversation.

Contract Development

The process of creating agreement documentation that outlines the terms, conditions, and obligations between parties.